Profit with Phoenix as on 15/10/2009

Dear All,

Market expected to open positive today due to the supports of the Global markets. Nifty shows a gud strength at these levels such as 5112/5153, i hope to have a positive ralley till 5189/5237 levels. Clients may start booking ur positions here. Nifty expected to touch 5300 on or before Diwali, I hope nifty may fall till 4600/4400 levels after that. If there is no fall witnessed after Nifty(Fut) reaching 5450 levels. Today market may trade on a voltality trend. Lets wait to watch the game on Nifty.

Global Market Indicates:

DOW +144, NASDAQ +32, HANGSEHG +242, NIKKE1 +177, SHANGHAI +7, STRAITS +17, KOSPI +7, DAX +139, FTSE +101, CAC40 +81.

Todays Nifty(Fut) trading levels:

Base: 5138
Res: 5151/5157/5176/5196
Mid Res: 5144/5154/5167/5186
Supp: 5131/5118/5099/5080
Mid Supp: 5135/5125/5109/5090

Todays Bank Nifty trading levels:

Base: 9183
Res: 9181/9223/9263/9303
Mid Res: 9182/9202/9243/9283
Supp: 9141/9143/9103/9063
Mid Supp: 9162/9142/9123/9083

Ur valuable comments & suggestions are welcomed. Interested clients may cal me on 9894523386/9843974524. For news on market levels, market updates & calls you may add urself to my yahoo messenger id vk83_03@yahoo.co.in. U may also reffer this blog to ur friends/relatives if ur satisfied.

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Have a Happy Trade.......